Financial Services - Banks - Regional - NASDAQ - US
$ 5.76
0.699 %
$ 16.7 M
Market Cap
144.0
P/E
Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail banking services to individuals, associations, partnerships, and corporations. The company accepts various deposits, including savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, and IRA and SEP accounts, as well as certificates of deposit. It also provides residential and commercial real estate, construction, land acquisition and development, and secured and unsecured commercial loans, as well as consumer installment lending, such as indirect automobile lending services; and residential first and second mortgage loans, home equity lines of credit, and commercial mortgage loans.[ Read More ]
The intrinsic value of one GLBZ stock under the base case scenario is HIDDEN Compared to the current market price of 5.76 USD, Glen Burnie Bancorp is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart GLBZ
FINANCIALS
13.3 M
REVENUE
1.66 M
OPERATING INCOME
1.43 M
NET INCOME
1.4 M
OPERATING CASH FLOW
17.7 M
INVESTING CASH FLOW
-33.9 M
FINANCING CASH FLOW
4.31 M
REVENUE
79 K
OPERATING INCOME
129 K
NET INCOME
497 K
OPERATING CASH FLOW
-2.97 M
INVESTING CASH FLOW
8.15 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Glen Burnie Bancorp
| Current Assets | 143 M |
| Cash & Short-Term Investments | 141 M |
| Receivables | 1.31 M |
| Other Current Assets | 475 K |
| Non-Current Assets | 150 M |
| Long-Term Investments | 139 M |
| PP&E | 3.05 M |
| Other Non-Current Assets | 7.9 M |
| Current Liabilities | 30 M |
| Accounts Payable | 0 |
| Short-Term Debt | 30 M |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 302 M |
| Long-Term Debt | 26 K |
| Other Non-Current Liabilities | 302 M |
EFFICIENCY
Earnings Waterfall
Glen Burnie Bancorp
| Revenue | 13.3 M |
| Cost Of Revenue | 0 |
| Gross Profit | 13.3 M |
| Operating Expenses | 11.6 M |
| Operating Income | 1.66 M |
| Other Expenses | 235 K |
| Net Income | 1.43 M |
RATIOS
100.00%
GROSS MARGIN
12.48%
OPERATING MARGIN
10.71%
NET MARGIN
7.39%
ROE
0.41%
ROA
3.21%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Glen Burnie Bancorp
| Net Income | 1.43 M |
| Depreciation & Amortization | 400 K |
| Capital Expenditures | -152 K |
| Stock-Based Compensation | 0 |
| Change in Working Capital | -161 K |
| Others | -346 K |
| Free Cash Flow | 1.25 M |
Wall Street Analysts Price Targets
Glen Burnie Bancorp
GLBZ has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
1.78%
DIVIDEND YIELD
0.1 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Glen Burnie Bancorp
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
8.45 K USD 1
3-6 MONTHS
8.93 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
5 months ago
Jun 12, 2024
|
Bought 2.03 K USD
|
Hanna Mark Christopher
President and CEO |
+ 541
|
3.75 USD |
|
5 months ago
Jun 10, 2024
|
Bought 2.02 K USD
|
Hanna Mark Christopher
President and CEO |
+ 500
|
4.05 USD |
|
5 months ago
May 28, 2024
|
Bought 2.2 K USD
|
Hanna Mark Christopher
President and CEO |
+ 500
|
4.4 USD |
|
5 months ago
May 24, 2024
|
Bought 2.2 K USD
|
Hanna Mark Christopher
President and CEO |
+ 500
|
4.4 USD |
|
7 months ago
Apr 04, 2024
|
Bought 2.08 K USD
|
Hanna Mark Christopher
President and CEO |
+ 400
|
5.2 USD |
|
8 months ago
Mar 14, 2024
|
Bought 3 K USD
|
Hanna Mark Christopher
President and CEO |
+ 500
|
6 USD |
|
7 months ago
Mar 22, 2024
|
Bought 3.85 K USD
|
Hanna Mark Christopher
President and CEO |
+ 700
|
5.5 USD |
|
1 year ago
Nov 06, 2023
|
Bought 250 USD
|
Hanna Mark Christopher
President and CEO |
+ 45
|
5.5499 USD |
|
1 year ago
Nov 06, 2023
|
Bought 177 USD
|
Hanna Mark Christopher
President and CEO |
+ 32
|
5.54 USD |
|
1 year ago
Nov 06, 2023
|
Bought 550 USD
|
Hanna Mark Christopher
President and CEO |
+ 100
|
5.5 USD |
|
1 year ago
Nov 06, 2023
|
Bought 54.7 USD
|
Hanna Mark Christopher
President and CEO |
+ 10
|
5.47 USD |
|
1 year ago
Nov 06, 2023
|
Bought 2.36 K USD
|
Hanna Mark Christopher
President and CEO |
+ 428
|
5.52 USD |
|
1 year ago
Nov 06, 2023
|
Bought 2.13 K USD
|
Hanna Mark Christopher
President and CEO |
+ 385
|
5.53 USD |
|
6 years ago
Oct 03, 2018
|
Bought 1.28 K USD
|
Hess Stanford
Director |
+ 100
|
12.753 USD |
|
6 years ago
Oct 29, 2018
|
Bought 1.83 K USD
|
Long John D.
President/CEO |
+ 151
|
12.1412 USD |
|
6 years ago
Oct 29, 2018
|
Bought 23.5 K USD
|
Long John D.
President/CEO |
+ 1849
|
12.712 USD |
|
7 years ago
Aug 28, 2017
|
Bought 2.56 K USD
|
Harrison Norman E JR
Director |
+ 240
|
10.65 USD |
|
7 years ago
May 10, 2017
|
Bought 12.1 K USD
|
Cooch Andrew
Director |
+ 1000
|
12.084 USD |
|
7 years ago
Apr 12, 2017
|
Bought 1.98 K USD
|
Harrison Norman E JR
Director |
+ 170
|
11.65 USD |
|
7 years ago
Apr 10, 2017
|
Bought 15.2 K USD
|
Long John D.
CEO |
+ 1279
|
11.85 USD |
|
7 years ago
Apr 03, 2017
|
Bought 10.7 K USD
|
Long John D.
CEO |
+ 898
|
11.95 USD |
|
7 years ago
Apr 03, 2017
|
Bought 23.7 USD
|
Long John D.
CEO |
+ 2
|
11.85 USD |
|
7 years ago
Apr 03, 2017
|
Bought 1.18 K USD
|
Long John D.
CEO |
+ 100
|
11.75 USD |
|
7 years ago
Mar 30, 2017
|
Bought 6.69 K USD
|
Long John D.
CEO |
+ 560
|
11.95 USD |
|
7 years ago
Nov 23, 2016
|
Bought 3.11 K USD
|
Harrison Norman E JR
Director |
+ 300
|
10.36 USD |
|
8 years ago
Nov 16, 2016
|
Bought 6.04 K USD
|
Maddox Edward L
Director |
+ 600
|
10.06 USD |
|
8 years ago
Nov 14, 2016
|
Bought 10.2 K USD
|
Long John D.
CEO |
+ 1000
|
10.1831 USD |
|
8 years ago
Nov 14, 2016
|
Bought 10.2 K USD
|
Long John D.
CEO |
+ 1000
|
10.1733 USD |
|
8 years ago
Jun 01, 2016
|
Bought 1.51 K USD
|
Maddox Edward L
Director |
+ 144
|
10.48 USD |
|
8 years ago
May 27, 2016
|
Bought 218 USD
|
Maddox Edward L
Director |
+ 21
|
10.4 USD |
|
8 years ago
May 25, 2016
|
Bought 8.36 K USD
|
Maddox Edward L
Director |
+ 800
|
10.45 USD |
|
8 years ago
May 17, 2016
|
Bought 1.32 K USD
|
Maddox Edward L
Director |
+ 124
|
10.67 USD |
|
8 years ago
May 13, 2016
|
Bought 413 USD
|
Maddox Edward L
Director |
+ 40
|
10.32 USD |
|
9 years ago
Feb 26, 2015
|
Sell 31.2 K USD
|
KUETHE F WILLIAM JR
Director |
- 2979
|
10.48 USD |
|
8 years ago
Feb 26, 2016
|
Bought 10.6 K USD
|
Long John D.
Executive Vice President |
+ 1000
|
10.575 USD |
|
9 years ago
Sep 28, 2015
|
Sell 13.2 K USD
|
KUETHE F WILLIAM JR
Director |
- 1000
|
13.232 USD |
|
9 years ago
Sep 15, 2015
|
Bought 11.9 K USD
|
DEMYAN JOHN E
Director |
+ 1000
|
11.9 USD |
|
10 years ago
Sep 23, 2014
|
Bought 650 USD
|
Cooch Andrew
Director |
+ 50
|
13 USD |
|
10 years ago
Sep 23, 2014
|
Bought 650 USD
|
Cooch Andrew
Director |
+ 50
|
13 USD |
|
11 years ago
Sep 10, 2013
|
Sell 61.3 K USD
|
Maddox Edward L
Director |
- 5000
|
12.26 USD |
|
11 years ago
Jun 12, 2013
|
Bought 2.97 K USD
|
Harrison Norman E JR
Director |
+ 250
|
11.88 USD |
|
11 years ago
May 16, 2013
|
Bought 6.1 K USD
|
THOWARTH KAREN B
Director |
+ 500
|
12.19 USD |
|
11 years ago
May 15, 2013
|
Bought 3.05 K USD
|
Connelly Edward B
Sr. VP/Chief Operating Officer |
+ 250
|
12.19 USD |
|
11 years ago
Mar 15, 2013
|
Bought 655 USD
|
SCHERER WILLIAM N SR
Director |
+ 54.55
|
12 USD |
|
11 years ago
Feb 21, 2013
|
Bought 2.31 K USD
|
Harrison Norman E JR
Director |
+ 201
|
11.5 USD |
|
12 years ago
May 03, 2012
|
Bought 1 K USD
|
Harrison Norman E JR
Director |
+ 100
|
10 USD |
|
12 years ago
Apr 03, 2012
|
Bought 560 USD
|
SCHERER WILLIAM N SR
Director |
+ 59
|
9.5 USD |
|
12 years ago
Mar 26, 2012
|
Bought 1.54 K USD
|
Harrison Norman E JR
Director |
+ 154
|
10 USD |
|
12 years ago
Mar 26, 2012
|
Bought 1.54 K USD
|
Harrison Norman E JR
Director |
+ 154
|
10 USD |
|
12 years ago
Mar 20, 2012
|
Bought 2.33 K USD
|
SCHERER WILLIAM N SR
Director |
+ 245
|
9.5 USD |
|
12 years ago
Feb 14, 2012
|
Bought 7.6 K USD
|
SCHERER WILLIAM N SR
Director |
+ 800
|
9.5 USD |
|
13 years ago
May 20, 2011
|
Bought 12 K USD
|
KUETHE F WILLIAM JR
President Emeritus |
+ 1474
|
8.14 USD |
|
13 years ago
Mar 24, 2011
|
Bought 3.6 K USD
|
Maddox Edward L
Director |
+ 500
|
7.2 USD |
|
13 years ago
Dec 22, 2010
|
Bought 5.36 K USD
|
Maddox Edward L
Director |
+ 700
|
7.65 USD |
|
13 years ago
Dec 08, 2010
|
Bought 7.03 K USD
|
Maddox Edward L
Director |
+ 900
|
7.81 USD |
|
13 years ago
Nov 23, 2010
|
Bought 1.11 K USD
|
Harrison Norman E JR
Director |
+ 135
|
8.2 USD |
|
14 years ago
Sep 27, 2010
|
Bought 988 USD
|
Harrison Norman E JR
Director |
+ 125
|
7.9 USD |
|
14 years ago
Aug 23, 2010
|
Bought 3.92 K USD
|
Maddox Edward L
Director |
+ 500
|
7.85 USD |
|
14 years ago
Jul 15, 2010
|
Bought 900 USD
|
Harrison Norman E JR
Director |
+ 100
|
9 USD |
|
15 years ago
Aug 25, 2009
|
Bought 830 USD
|
Harrison Norman E JR
Director |
+ 100
|
8.3 USD |
|
15 years ago
Jun 11, 2009
|
Bought 1.6 K USD
|
Maddox Edward L
Director |
+ 200
|
8.01 USD |
|
15 years ago
Jun 08, 2009
|
Bought 160 USD
|
Maddox Edward L
Director |
+ 20
|
8.01 USD |
|
15 years ago
Jun 04, 2009
|
Bought 2.42 K USD
|
Maddox Edward L
Director |
+ 300
|
8.05 USD |
|
15 years ago
May 04, 2009
|
Bought 833 USD
|
Maddox Edward L
Director |
+ 104
|
8.01 USD |
|
15 years ago
May 04, 2009
|
Bought 1.65 K USD
|
Harrison Norman E JR
Director |
+ 200
|
8.25 USD |
|
15 years ago
Mar 06, 2009
|
Bought 1.95 K USD
|
Maddox Edward L
Director |
+ 229
|
8.51 USD |
|
15 years ago
Feb 09, 2009
|
Bought 1.99 K USD
|
DEMYAN JOHN E
Director |
+ 200
|
9.96 USD |
|
15 years ago
Nov 26, 2008
|
Bought 1.8 K USD
|
Harrison Norman E JR
Director |
+ 200
|
9 USD |
|
15 years ago
Nov 26, 2008
|
Bought 1.8 K USD
|
Harrison Norman E JR
Director |
+ 200
|
9 USD |
|
16 years ago
Nov 07, 2008
|
Bought 996 USD
|
LIVINGTON MICHAEL
President, CEO |
+ 100
|
9.96 USD |
|
16 years ago
Sep 29, 2008
|
Bought 5.72 K USD
|
DEMYAN JOHN E
Director |
+ 640
|
8.93 USD |
|
16 years ago
Oct 03, 2008
|
Bought 5.59 K USD
|
DEMYAN JOHN E
Director |
+ 508
|
11 USD |
|
16 years ago
Oct 03, 2008
|
Bought 2.19 K USD
|
DEMYAN JOHN E
Director |
+ 200
|
10.97 USD |
|
16 years ago
Oct 03, 2008
|
Bought 2.2 K USD
|
DEMYAN JOHN E
Director |
+ 200
|
10.99 USD |
|
16 years ago
Oct 03, 2008
|
Bought 1 K USD
|
DEMYAN JOHN E
Director |
+ 92
|
10.89 USD |
|
16 years ago
Oct 01, 2008
|
Bought 910 USD
|
Maddox Edward L
Director |
+ 100
|
9.1 USD |
|
16 years ago
Oct 01, 2008
|
Bought 4.55 K USD
|
Maddox Edward L
Director |
+ 500
|
9.1 USD |
|
16 years ago
Sep 30, 2008
|
Bought 4.55 K USD
|
Maddox Edward L
Director |
+ 500
|
9.1 USD |
|
16 years ago
Jul 07, 2008
|
Bought 11.1 K USD
|
Maddox Edward L
Director |
+ 1000
|
11.11 USD |
|
16 years ago
Feb 06, 2008
|
Bought 7.36 K USD
|
Maddox Edward L
Director |
+ 700
|
10.51 USD |
|
16 years ago
Dec 10, 2007
|
Bought 3.1 K USD
|
Harrison Norman E JR
Director |
+ 200
|
15.5 USD |
|
17 years ago
Aug 23, 2007
|
Bought 6.44 K USD
|
Maddox Edward L
Director |
+ 400
|
16.1 USD |
|
17 years ago
Aug 07, 2007
|
Bought 8.26 K USD
|
Maddox Edward L
Director |
+ 500
|
16.52 USD |
|
17 years ago
Aug 03, 2007
|
Bought 8.39 K USD
|
Maddox Edward L
Director |
+ 500
|
16.78 USD |
|
17 years ago
Jul 16, 2007
|
Bought 713 USD
|
Harrison Norman E JR
Director |
+ 41
|
17.4 USD |
|
17 years ago
Jul 03, 2007
|
Bought 957 USD
|
Harrison Norman E JR
Director |
+ 55
|
17.4 USD |
|
17 years ago
Jun 22, 2007
|
Bought 1.8 K USD
|
Harrison Norman E JR
Director |
+ 104
|
17.3 USD |
|
17 years ago
Jun 05, 2007
|
Bought 20.7 K USD
|
Maddox Edward L
Director |
+ 1200
|
17.25 USD |
|
17 years ago
May 29, 2007
|
Bought 19 K USD
|
Maddox Edward L
Director |
+ 1100
|
17.25 USD |
|
17 years ago
May 16, 2007
|
Sell 8.72 K USD
|
KUETHE FREDERICK W III
Director |
- 513
|
17 USD |
|
17 years ago
Apr 09, 2007
|
Bought 26 K USD
|
Maddox Edward L
Director |
+ 1501
|
17.35 USD |
|
17 years ago
Apr 05, 2007
|
Bought 9.84 K USD
|
Maddox Edward L
Director |
+ 567
|
17.35 USD |
|
17 years ago
Mar 19, 2007
|
Bought 13.9 K USD
|
Maddox Edward L
Director |
+ 802
|
17.3 USD |
|
17 years ago
Mar 19, 2007
|
Bought 6.92 K USD
|
Maddox Edward L
Director |
+ 400
|
17.29 USD |
|
17 years ago
Mar 16, 2007
|
Bought 7.92 K USD
|
Maddox Edward L
Director |
+ 458
|
17.3 USD |
|
17 years ago
Jan 17, 2007
|
Bought 3.33 K USD
|
Maddox Edward L
Director |
+ 193
|
17.25 USD |
|
17 years ago
Jan 16, 2007
|
Bought 3.36 K USD
|
Maddox Edward L
Director |
+ 195
|
17.25 USD |
|
17 years ago
Dec 26, 2006
|
Bought 5.12 K USD
|
Maddox Edward L
Director |
+ 300
|
17.05 USD |
|
18 years ago
Jun 05, 2006
|
Bought 468 USD
|
Maddox Edward L
Director |
+ 28
|
16.7 USD |
|
18 years ago
May 24, 2006
|
Sell 22.4 K USD
|
PORTER JOHN E
CFO |
- 1315
|
17 USD |
|
18 years ago
Dec 30, 2005
|
Bought 11 K USD
|
Harrison Norman E JR
Director |
+ 500
|
21.95 USD |
|
18 years ago
Dec 02, 2005
|
Bought 7.52 K USD
|
Maddox Edward L
Director |
+ 401
|
18.76 USD |
|
18 years ago
Nov 25, 2005
|
Bought 1.86 K USD
|
Maddox Edward L
Director |
+ 99
|
18.76 USD |
|
19 years ago
Nov 21, 2005
|
Bought 9.65 K USD
|
Maddox Edward L
Director |
+ 500
|
19.3 USD |
|
19 years ago
Oct 03, 2005
|
Bought 6.95 K USD
|
Maddox Edward L
Director |
+ 360
|
19.3 USD |
|
19 years ago
Sep 30, 2005
|
Bought 1.08 K USD
|
Maddox Edward L
Director |
+ 56
|
19.3 USD |
|
19 years ago
Jan 03, 2005
|
Bought 2.47 K USD
|
LIVINGTON MICHAEL
Exec. Vice President |
+ 100
|
24.7 USD |
|
20 years ago
Nov 10, 2004
|
Bought 5.18 K USD
|
LIVINGTON MICHAEL
Exec. Vice President |
+ 250
|
20.7 USD |
|
19 years ago
Dec 30, 2004
|
Sell 9.29 K USD
|
KUETHE FREDERICK W III
Director |
- 400
|
23.22 USD |
|
20 years ago
Nov 10, 2004
|
Bought 5.18 K USD
|
LIVINGTON MICHAEL
Executive Vice President |
+ 250
|
20.7 USD |
|
20 years ago
Sep 24, 2004
|
Sell 27.8 K USD
|
KUETHE F WILLIAM JR
President |
- 1250
|
22.25 USD |
|
20 years ago
Sep 01, 2004
|
Sell 21.2 K USD
|
KUETHE FREDERICK W III
Director |
- 1000
|
21.15 USD |
7. News
Glen Burnie Bancorp Announces Third Quarter 2024 Results
GLEN BURNIE, Md., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp (“Bancorp”) (NASDAQ: GLBZ), the bank holding company for The Bank of Glen Burnie (“Bank”), announced today net income of $129,000, or $0.04 per basic and diluted common share for the three-month period ended September 30, 2024, compared to net income of $551,000, or $0.19 per basic and diluted common share for the three-month period ended September 30, 2023. Bancorp reported a net loss of $72,000, or $0.02 per basic and diluted common share for the nine-month period ended September 30, 2024, compared to net income of $1.3 million, or $0.44 per basic and diluted common share for the same period in 2023. On September 30, 2024, Bancorp had total assets of $368.4 million. Bancorp is the oldest independent commercial bank in Anne Arundel County.
globenewswire.com
- 2 weeks ago
Setting the Stage for Growth: Bank of Glen Burnie Names New Director of Commercial Banking and Vice President of Cash Management
New commercial team members will bolster The Bank of Glen Burnie's commitment to being “the bank for business” in Anne Arundel County and the surrounding market New commercial team members will bolster The Bank of Glen Burnie's commitment to being “the bank for business” in Anne Arundel County and the surrounding market
globenewswire.com
- 3 weeks ago
Glen Burnie Bancorp Names Felton Magee Jr. to the Board of Directors
Magee's appointment is part of The Bank of Glen Burnie's commitment to being “the bank for business” in Anne Arundel County and the surrounding market. Magee's appointment is part of The Bank of Glen Burnie's commitment to being “the bank for business” in Anne Arundel County and the surrounding market.
globenewswire.com
- 2 months ago
Glen Burnie Bancorp Announces Second Quarter 2024 Results
GLEN BURNIE, Md., July 26, 2024 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp (“Bancorp”) (NASDAQ: GLBZ), the bank holding company for The Bank of Glen Burnie (“Bank”), announced today a net loss of $204,000, or $0.07 per basic and diluted common share for the three-month period ended June 30, 2024, compared to net income of $276,000, or $0.10 per basic and diluted common share for the three-month period ended June 30, 2023. Bancorp reported a net loss of $201,000, or $0.07 per basic and diluted common share for the six-month period ended June 30, 2024, compared to net income of $710,000, or $0.25 per basic and diluted common share for the same period in 2023. On June 30, 2024, Bancorp had total assets of $355.7 million. Bancorp, the oldest independent commercial bank in Anne Arundel County, will pay its 128th consecutive quarterly dividend on August 5, 2024.
globenewswire.com
- 3 months ago
Local Business Leader Jay Baldwin Named to Glen Burnie Bancorp Board of Directors
Baldwin's appointment signals a renewed emphasis for The Bank of Glen Burnie on being “the bank for business” in Anne Arundel County and the surrounding market.
globenewswire.com
- 4 months ago
Glen Burnie Bancorp Declares 2Q 2024 Dividend
GLEN BURNIE, Md., July 12, 2024 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp (NASDAQ: GLBZ), parent company of The Bank of Glen Burnie®, announced that its Board of Directors declared a regular dividend of ten cents ($0.10) per share of common stock at their meeting on July 11, 2024. This action marks the company's 128th consecutive dividend.
globenewswire.com
- 4 months ago
Glen Burnie Bancorp Announces First Quarter 2024 Results
GLEN BURNIE, Md., April 26, 2024 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp (“Bancorp”) (NASDAQ: GLBZ), the bank holding company for The Bank of Glen Burnie (“Bank”), today reported results for the first quarter ended March 31, 2024. Net income for the first quarter was $3,000, or $0 per basic and diluted common share, as compared to $0.44 million, or $0.15 per basic and diluted common share for the three-month period ended March 31, 2023. On March 31, 2024, Bancorp had total assets of $369.9 million. Bancorp, the oldest independent commercial bank in Anne Arundel County, will pay its 127th consecutive quarterly dividend on May 6, 2024.
globenewswire.com
- 6 months ago
Glen Burnie Bancorp Declares 1Q 2024 Dividend
GLEN BURNIE, Md., April 12, 2024 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp (NASDAQ: GLBZ), parent company of The Bank of Glen Burnie®, announced that its Board of Directors declared a regular dividend of ten cents ($0.10) per share of common stock at their meeting on April 11, 2024. This action marks the company's 127th consecutive dividend.
globenewswire.com
- 7 months ago
Glen Burnie Bancorp Announces Fourth Quarter And Full Year 2023 Results
GLEN BURNIE, Md., Feb. 16, 2024 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp (“Bancorp”) (NASDAQ: GLBZ), the bank holding company for The Bank of Glen Burnie (“Bank”), announced today net income of $167,000, or $0.06 per basic and diluted common share for the three-month period ended December 31, 2023, compared to net income of $830,000, or $0.29 per basic and diluted common share for the three-month period ended December 31, 2022. Bancorp reported net income of $1.43 million, or $0.50 per basic and diluted common share for the twelve-month period ended December 31, 2023, compared to $1.75 million, or $0.61 per basic and diluted common share for the same period in 2022. On December 31, 2023, Bancorp had total assets of $351.8 million. Bancorp, the oldest independent commercial bank in Anne Arundel County, paid its 126th consecutive quarterly dividend on February 5, 2024.
globenewswire.com
- 9 months ago
Glen Burnie Bancorp Declares 4Q 2023 Dividend
GLEN BURNIE, Md., Jan. 12, 2024 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp (NASDAQ: GLBZ), parent company of The Bank of Glen Burnie®, announced that its Board of Directors declared a regular dividend of ten cents ($0.10) per share of common stock at their meeting on January 11, 2024. This action marks the company's 126th consecutive dividend.
globenewswire.com
- 10 months ago
Glen Burnie Bancorp Announces Third Quarter 2023 Results
GLEN BURNIE, Md., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp (“Bancorp”) (NASDAQ: GLBZ), the bank holding company for The Bank of Glen Burnie (“Bank”), announced today net income of $551,000, or $0.19 per basic and diluted common share for the three-month period ended September 30, 2023, compared to net income of $375,000, or $0.13 per basic and diluted common share for the three-month period ended September 30, 2022. Bancorp reported net income of $1.3 million, or $0.44 per basic and diluted common share for the nine-month period ended September 30, 2023, compared to $915,000, or $0.32 per basic and diluted common share for the same period in 2022. On September 30, 2023, Bancorp had total assets of $355.4 million. Bancorp, the oldest independent commercial bank in Anne Arundel County, will pay its 125th consecutive quarterly dividend on November 6, 2023.
globenewswire.com
- 1 year ago
Glen Burnie Bancorp Declares 3Q 2023 Dividend
GLEN BURNIE, Md., Oct. 13, 2023 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp (NASDAQ: GLBZ), parent company of The Bank of Glen Burnie®, announced that its Board of Directors declared a regular dividend of ten cents ($0.10) per share of common stock at their meeting on October 12, 2023. This action marks the company's 125th consecutive dividend.
globenewswire.com
- 1 year ago
8. Profile Summary
Glen Burnie Bancorp GLBZ
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 16.7 M
Dividend Yield
1.78%
Description
Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail banking services to individuals, associations, partnerships, and corporations. The company accepts various deposits, including savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, and IRA and SEP accounts, as well as certificates of deposit. It also provides residential and commercial real estate, construction, land acquisition and development, and secured and unsecured commercial loans, as well as consumer installment lending, such as indirect automobile lending services; and residential first and second mortgage loans, home equity lines of credit, and commercial mortgage loans. In addition, the company offers ancillary products and services comprising safe deposit boxes, money orders, night depositories, automated clearinghouse transactions, and automated teller machine (ATM) services, as well as electronic banking services that include telephone banking, online banking, bill pay, card control, mobile app, merchant source capture, mobile deposit capture, Zelle, etc. Further, it provides treasury services, including wire transfer and ACH services, and debit cards. Additionally, the company engages in the business of acquiring, holding, and disposing of real property. It serves customers in northern Anne Arundel county and surrounding areas from its main office and branch in Glen Burnie, Maryland; and branch offices in Odenton, Riviera Beach, Crownsville, Severn, Linthicum, and Severna Park, Maryland. The company also has a remote ATM located in Pasadena, Maryland. Glen Burnie Bancorp was founded in 1949 and is based in Glen Burnie, Maryland.
Contact
101 Crain Highway, S.E., Glen Burnie, MD, 21061
https://www.thebankofglenburnie.com
IPO Date
Nov. 10, 1999
Employees
84
Officers
Ms. Michelle R. Stambaugh
Senior Vice President, Corporate Secretary & HR Director
Mr. John Edward Demyan
Executive Chairman
Mr. Mark Christopher Hanna
President, Chief Executive Officer & Director
Mr. Frederick W. Kuethe III
Vice President & Director
Janet P. Kim
Director of Marketing & Public Relations
Mr. Jeffrey D. Harris
Senior Vice President, Treasurer & Chief Financial Officer